NSEPress Release5 Aug 2026 · 5 Aug 2026, 06:28 pm
Press Release
Lemon Tree Hotels Limited · LEMONTREE
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Lemon Tree Hotels Limited has signed a Franchise Agreement for Keys Lite by Lemon Tree Hotels, Manali, strengthening its presence in Himachal Pradesh with a portfolio of 11 hotels.
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Full Announcement
Lemon Tree Hotels Limited has informed the Exchange regarding a press release dated August 05, 2026, titled "The Company has signed a Franchise Agreement viz. Keys Lite by Lemon Tree Hotels, Manali".
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August 05, 2026
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, Bandra Kurla Complex, Phiroze Jeejeebhoy Towers
Bandra (East) Dalal Street,
Mumbai – 400 051 Mumbai – 400 001
Name of Scrip: LEMONTREE BSE Scrip Code: 541233
Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015
Ref: Press Release
Dear Sir/ Madam,
We would like to inform you that the Company has signed a Franchise Agreement
viz. Keys Lite by Lemon Tree Hotels, Manali.
This Hotel will feature 24 well-appointed rooms, a restaurant, lounge, fitness
centre and thoughtfully designed public spaces.
Please find attached herewith the copy of the press release in this regard.
You are requested to take the above information in your record.
Thanking You
For Lemon Tree Hotels Limited
Pawan Kumar Kumawat
Company Secretary
& Compliance Officer
M. No: A25377
Encl. as above
Lemon Tree Hotels Limited
CIN No. L74899HR1992PLC140546
Reg. Office: Lemon Tree Corporate Park, Urban Complex, Ullahawas, Sector 60, Gurugram, Haryana-122011
Corporate Office: Asset No. 6, Aerocity Hospitality District, New Delhi-110037
T +91 124 714 2310 | E hi@lemontreehotels.com
Central Reservation: +91 9911 701 701| www.lemontreehotels.com
LEMON TREE HOTELS SIGNS KEYS LITE BY LEMON TREE HOTELS,
MANALI
Strengthens the group's presence across Himachal Pradesh with a portfolio of 11
hotels
New Delhi, 5th August, 2026: Lemon Tree Hotels Limited, one of India's leading
hospitality companies, today announced the signing of - Keys Lite by Lemon
Tree Hotels, Manali. This addition marks the Keys Lite brand's entry into Manali,
one of North India's most popular leisure destinations, further strengthening the
group's presence in Himachal Pradesh.
The property will be operated under a franchise agreement, further expanding the
group's presence across the region. With this signing, the group's portfolio in
Himachal Pradesh will comprise 11 hotels, including four operational and seven
upcoming properties.
Set amidst the Himalayan landscape, the upcoming hotel will feature 24 well-
appointed rooms, a restaurant, lounge, fitness centre and thoughtfully designed
public spaces. The property will cater to leisure travellers, families and small
groups, offering a contemporary and comfortable stay experience in a destination
known for its natural beauty, adventure offerings and strong leisure appeal.
Commenting on the signing, Mr. Vishvapreet Singh Cheema, President,
Lemon Tree Hotels Ltd., said: “Manali is among India's most sought-after
holiday destinations, drawing travellers across seasons, particularly families,
couples and road-trip enthusiasts. With its comfortable, contemporary and value-
led proposition, Keys Lite by Lemon Tree Hotels, Manali is well suited to the diverse
needs of travellers visiting the destination. This signing further strengthens our
presence across Himachal Pradesh and reflects our focus on expanding our
portfolio in destinations with strong leisure demand.”
The hotel will offer convenient connectivity to key transportation hubs. Bhuntar
Airport, Kullu-Manali, is approximately 56 km from the property, while Kiratpur
Railway Station is approximately 200 km away, providing connectivity for
travellers arriving by air and rail.
ABOUT LEMON TREE HOTELS LIMITED
Lemon Tree Hotels Limited (LTHL) is one of India's leading hospitality companies,
catering to a wide range of customers – from value-conscious travellers to
premium business and leisure seekers. With seven distinct brands – Aurika Hotels
& Resorts, Lemon Tree Premier, Lemon Tree Hotels, Red Fox, Keys Prima, Keys
Select, and Keys Lite – the group offers experiences across upper upscale,
upscale, upper midscale, midscale, leisure, wildlife, and spiritual segments.
LTHL operates 130+ hotels across 80+ cities in India and abroad, with a growing
pipeline of 140+ upcoming properties. From metro hubs like Delhi-NCR, Mumbai,
Bengaluru, and Hyderabad to tier II & III cities such as Jaipur, Udaipur, Kochi,
and Indore – and with an international presence in Bhutan and Nepal – Lemon
Tree Hotels delivers exceptional comfort, consistent quality, and a warm,
refreshing experience.
Since opening its first 49-room hotel in 2004, the group has grown to 270+
properties (operational and upcoming), becoming a trusted name in hospitality for
both business and leisure travellers.
For more information, please visit www.lemontreehotels.com and connect with us
on Instagram, Facebook and LinkedIn.
Media Contact:
Isha Khanna
+919716181670 | head_marketing@lemontreehotels.com